Vardhaman Fincon Private Limited
About Vardhaman Fincon Private Limited
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Vardhaman Fincon Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the advisory services segment of the financial services sector. It was incorporated on 23 December 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U67120GJ1993PTC020926. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.17 Cr. It is led by directors including Ashok Sarabhai Shah and Sanjaykumar Pratapbhai Chokshi.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹61.55 Lakh, a decline of 42% compared to the previous year. For the same year it recorded a net profit of ₹5.32 Lakh (net margin 8.6%) and EBITDA of ₹7.94 Lakh (EBITDA margin 12.9%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 26% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Vardhaman Fincon Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB – 1112 Sivanta – 1, Nr. Kothawala Flat Ashram Road, Ahmedabad, Gujarat, India – 380007
- IndustryFinancial Services, Advisory, Financial Brokerage, Consultancy
To see the full contact details of Vardhaman Fincon Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Vardhaman Fincon is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Vardhaman Fincon Private Limited, buy the company report.
Financials of Vardhaman Fincon Private Limited
FY 2025 filings availableVardhaman Fincon Private Limited reported revenue of ₹61.55 Lakh (down 42% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 42% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 26%. EBITDA fell 60% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹7.94 Lakh | ||||
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| Net Profit (PAT) | ₹5.32 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 12.9% | ||||
| Net Profit Margin | 8.6% | ||||
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To see the full financial statements and ratios of Vardhaman Fincon Private Limited, buy the company report.
Board of directors of Vardhaman Fincon Private Limited
Vardhaman Fincon has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Sarabhai Shah | Director | 30 Sep 2000 | 26 Years 1 Months | Current |
| Sanjaykumar Pratapbhai Chokshi | Director | 01 Dec 1999 | 26 Years 11 Months | Current |
| Smitaben Sanjaykumar Chokshi Also directs: Jewel Ocean Gems Private Limited | Director | 15 Dec 1999 | 26 Years 10 Months | Current |
| Parth Sanjaykumar Chokshi Also directs: Jewel Ocean LLP | Director | 16 Apr 2010 | 16 Years 6 Months | Current |
Peer comparison
Vardhaman Fincon Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (financial advisory, brokerage and consultancy services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rewolf Consultancy Private Limited | ₹61.7 Lakh (FY 2025) | 43.0% | Surat, Gujarat, India | |||
| Ars Forex Private Limited | ₹61.65 Lakh (FY 2025) | -99.0% | New Delhi, Delhi, India | |||
| Money Purse Planners Private Limited | ₹61.61 Lakh (FY 2024) | 15.0% | Hyderabad, Telangana, India | |||
| Izone Finserve Private Limited | ₹61.58 Lakh (FY 2024) | 4.0% | Ahmedabad, Gujarat, India | |||
| G K Net Broking Private Limited | ₹61.57 Lakh (FY 2016) | 24.0% | Ahmedabad, Gujarat, India | |||
| Vardhaman Fincon Private Limitedthis company | ₹61.55 Lakh (FY 2025) | ₹5.32 Lakh | 8.6% | -42.0% | Ahmedabad, Gujarat, India | |
| Eforex India .Com Private Limited | ₹61.49 Lakh (FY 2025) | -21.0% | New Delhi, Delhi, India | |||
| Red Rock Management Services Private Limited | ₹61.44 Lakh (FY 2024) | 4.0% | Chennai, Tamil Nadu, India | |||
| GWL Shares and Securities Private Limited | ₹61.35 Lakh (FY 2022) | 92.0% | Gwalior, Madhya Pradesh, India | |||
| TKG Global Services Private Limited | ₹61.33 Lakh (FY 2025) | 10.0% | Kolkata, West Bengal, India | |||
| Kwintet Consultancy Services Private Limited | ₹61.27 Lakh (FY 2021) | -40.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Vardhaman Fincon Private Limited, buy the company report.
Auditor
Vardhaman Fincon Private Limited is audited by AMBALAL PATEL & CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AMBALAL PATEL & CO. | FY 2017 | 100305W |
Shareholding
The shareholding of Vardhaman Fincon Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Vardhaman Fincon Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Vardhaman Fincon Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vardhaman Fincon Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vardhaman Fincon has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Vardhaman Fincon Private Limited, buy the company report.
Recent activity
Vardhaman Fincon Private Limited has 5 board changes on record since 1999: 4 appointments and 1 cessation. The latest: Parth Sanjaykumar Chokshi ceased to be Additional Director on 28 Sep 2010.
Frequently asked questions
Vardhaman Fincon is an active private limited company based in Ahmedabad, Gujarat, India. The company works in advisory, within the financial services industry. It was incorporated on 23 December 1993 (33+ years old) and is registered under CIN U67120GJ1993PTC020926.
Vardhaman Fincon has 4 current directors:
- Ashok Sarabhai Shah - Director
- Sanjaykumar Pratapbhai Chokshi - Director
- Smitaben Sanjaykumar Chokshi - Director
- Parth Sanjaykumar Chokshi - Director
The latest financial statements of Vardhaman Fincon on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
No. Vardhaman Fincon has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Vardhaman Fincon is U67120GJ1993PTC020926. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vardhaman Fincon was incorporated on 23 December 1993, making it 33+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Vardhaman Fincon by revenue are Rewolf Consultancy Private Limited, Ars Forex Private Limited, Money Purse Planners Private Limited, Izone Finserve Private Limited, G K Net Broking Private Limited and 5 more, all in the same principal business activity (financial advisory, brokerage and consultancy services).
Parth Sanjaykumar Chokshi ceased to be Additional Director on 28 Sep 2010. Parth Sanjaykumar Chokshi was appointed as Director on 16 Apr 2010. Ashok Sarabhai Shah was appointed as Director on 30 Sep 2000. Vardhaman Fincon has 5 board changes on record in total.
The registered office of Vardhaman Fincon is at B – 1112 Sivanta – 1, Nr. Kothawala Flat Ashram Road, Ahmedabad, Gujarat, India – 380007.
Vardhaman Fincon operates in the financial services industry, in the advisory segment.
The compliance status of Vardhaman Fincon is compliant as of 11 July 2026. The company is actively filing with the Registrar of Companies.
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